eBook Problem 1-4 The Tax Formula for Individuals, A Brief Overview of Capital Gains and Losses (LO 1.3, 1.9) In 2021, Manon earns wages of $54,000. She also has dividend Income of $2,800. Manon is single and has no dependents: During the year, Manon sold silver coins held as an investment for a $7,000 loss. Table for the standard deduction Filing Status Standard Deduction Single $12,550 Married, filing jointly 25,100 Married, filing separately 12,550 Head of household 18,800 Qualifying widow(er) 25,100 Calculate the following amounts for Manon: a. Adjusted gross income. b. Standard deduction. c. Taxable income Feedback